Pekka Vauramo is the new CEO of Metso
Metso’s Board of Directors has appointed Pekka Vauramo, President and CEO of Metso, effective as of November 2018 at the latest. Pekka Vauramo has served …
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Emerson acquired pneumatics technology company Aventics
Emerson announced it has agreed on terms to acquire Aventics from Triton for a cash purchase price of €527 million. Aventics is among the global leaders in …
Aker solution has been awarded the contract for Troll Phase 3
Equinor (ex Statoil) and the Troll partners have exercised an option in relation to Aker Solutions AS for the delivery of a new processing module for the Troll …
The largest pipieline in Norway is being laid
According to PennEnergy, the operations to install Norway’s largest oil pipeline to the Johan Sverdrup field started outside Mongstad, north of Bergen, in …
Total and Shell will develop LNG in Oman
According a company brief, Total has signed a Memorandum of Understanding with the Government of Oman to develop natural gas resources in its territory, both …
Third production unit at Zohr field is online
Rosneft, Eni and BP, and the Egyptian oil and gas companies started up the third production unit of the Zohr project, increasing its maximum throughput …
FloWorks will distribute Asahi/America products
Floworks has announced the award of a thermoplastic valves, valve actuation and piping components distributorship with Asahi/America Inc. via it’s Sunbelt …
Zohr field has doubled the production
According to a press statemente by the Russian oil firm, Rosneft, Eni , BP and the Egyptian petroleum sector have doubled production capacity of Zohr gas field …
Statoil will upgrade its Njord field FPSO
In a press statement released last week, Statoil has declared the award, on behalf of the Njord license, of a contract to Aibel for upgrading of the Njord …
Fluor has been selected for Marathon’s STAR program
According to a press release by the same company, Fluor Corporation announced today that it was selected by a division of Marathon Petroleum Corporation to …